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For SaleSingle Family Home
$330K
1560 Richards Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: None
3
Bedrooms
2
Bathrooms
1,279
Sq Ft
1987
Year Built
$258 /sqft

About This Property

Description from listing agent

Fully remodeled and ready for its new owners! This home has the layout buyers are looking for with a spacious open concept, split floor plan, and plenty of room to spread out. The remodeled kitchen opens to the main living area, making entertaining and everyday life easy. The split bedroom layout offers added privacy, while the fully fenced backyard gives you a great space for pets, kids, or weekend get-togethers. If you've been looking for a move-in ready home with modern updates and a great layout, this one is worth checking out!

Space Coast Context

🚀 Launch Viewing — Fair Views

36.3 mi from SLC-40

36.3 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris5.1 mi~11 min
Northrop6.7 mi~15 min
Blue Origin30.1 mi~1h 7m
Lockheed31.4 mi~1h 10m
SpaceX31.5 mi~1h 10m
Boeing/KSC33.5 mi~1h 15m
KSC34.1 mi~1h 16m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 8/27/26
    Listed
    $330K
    $258/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
22.2% above median
Median comparable close: $270,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.8% of list price
At that rate, a competitive offer ≈ $322,768
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
1
MLS Area
340 - NE Palm Bay

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Aug 28, 2026
Parcel #
28-37-23-00-00107.0-0000.00
$330K

Listing Agent (for property info)

D
Danyel Nicole Choban
Waterman Real Estate Inc.
321-372-8744
Call Listing Agent

Estimated Monthly Payment

$2,219/mo
Principal & interest
$1,739
Property taxes
$330
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $330K price — down payment shown: $66,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1086217

What's Nearby

grocery
Bravo
0.4 mi away
parks
Playground at Knecht Park
0.5 mi away
schools
Palm Bay Elementary
0.5 mi away
government
Palm Bay Post Office
1.0 mi away
grocery
Thrifty Produce
1.2 mi away
shopping
7-Eleven
1.5 mi away
pharmacies
Acquaviva's Pharmacy
1.5 mi away
restaurants
Wendy's
1.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086217 · Listing Broker: Waterman Real Estate Inc. · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.